Circle App Raises $110 million & Introduces its Own Crypto-Dollar at Consensus 2018

circle app raises 110 million introduces its own crypto dollar at consensus 2018

Circle App – Boston-based fintech company Circle, has its sights on making a faster and better digital version of the U.S. dollar. The start-up company announced its new digital token that would be pegged to the US dollar yesterday at Consensus 2018. Circle founders @psneville and @jerallaire took the stage at #Consensus2018 earlier today to announce Circle USDC, a price-stable tokenized US dollar coin. Learn more about it here: — Circle (@circlepay) May 15, 2018 Circle also announced that it raised $100 million in their Series E round which…

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Ex Goldman Sachs President Gary Cohn is Bearish about Crypto

ex goldman sachs president gary cohn is bearish about crypto

Cryptocurrency markets were in the red over the last two days, now today, the majority of coins are making small sideways movements. Bitcoin price lost all the gains that it generated during its weekend rally. Bearish calls from top rated market analysts created a broader selloff in cryptocurrency markets. Following Warren Buffett and Bill Gates, former Goldman Sachs President Gary Cohn said yesterday that he is not a big believer in Bitcoin’s potential to become a global cryptocurrency. Gary Cohn Show Concerns on Bitcoin Although he likes the idea of…

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The New York Stock Exchange Has its Eyes on Trading Bitcoin (BTC)

the new york stock exchange has its eyes on trading bitcoin btc

Warren Buffet may still dislike Bitcoin (BTC), but many other big names on Wall Street seem to be warming up to the digital currency.  The Intercontinental Exchange (ICE), the parent company to the New York Stock Exchange (NYSE), has been working on an online trading platform that gives institutional investors access to buy and hold BTC. The New York Times reported late Monday that the plans are still ‘confidential’ and the four individuals that briefed the publication on the matter asked to remain anonymous. This news broke following Goldman Sachs’…

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Goldman Sachs Launching Bitcoin Futures Contracts Soon

goldman sachs launching bitcoin futures contracts soon

Financial services company Goldman Sachs has announced its intent to launch Bitcoin futures contracts in the near future. Goldman Sachs launching Bitcoin futures contracts is a pretty big deal for the financial world. What made the investment firm take the plunge? New York Times reporter Nathaniel Popper wrote that Goldman Sachs plans to use its own money to trade Bitcoin futures contracts for its clients. The investment firm will also offer its clients its very own bitcoin futures products. “[Goldman Sachs] will also create its own, more flexible version of…

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